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Thread: IT’S OVER: Household salary now required to buy median house in Sydney

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08-02-2024, 03:48 PM
#1

IT’S OVER: Household salary now required to buy median house in Sydney

It’s over boyos



Lmao


….


“With the Sydney median now at $1.4m and the average lender rate for owner occupiers swelling to 6.27 per cent, new buyers need an annual household income of $278,000 to afford the repayments.”


In actual Sydney proper $1.4 million will barely get you a 100-year old terrace fit for the bulldozer with an outside dunny lol


https://www.news.com.au/finance/real...c5ff96094d1be6
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08-02-2024, 03:50 PM
#2
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08-02-2024, 03:52 PM
#3
Far leftism and mass immigration has sure done wonders for the west.
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08-02-2024, 03:52 PM
#4
it's not over (srs).

I don't like trump, but he'll likely win.
He will lower inflation, and that will make housing cheaper (ded fkn srs)

idk exactly how it works, but he is going to make it easier to buy a home
spread love
hustle

joined the mogging club on 7.2.2024 <333
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08-02-2024, 03:54 PM
#5
Originally Posted By hoaxacaust⏩
imagine thinking the world will continue at this level of inequality. theyre going to take all your homes "landchad"

Hope you got your rental payment in on time
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08-02-2024, 03:54 PM
#6
Lmao
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08-02-2024, 03:59 PM
#7
That's in western sydney suburbs like Merrylands - if you wanna live somewhere nicer in the north it's closer to 2-3 million.
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08-02-2024, 05:27 PM
#8
Originally Posted By WiseOldApe⏩
That's in western sydney suburbs like Merrylands - if you wanna live somewhere nicer in the north it's closer to 2-3 million.
Yes it’s hard to know precisely what definition of “Sydney” they’ve taken to use as the basis of calculating a median
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08-02-2024, 05:34 PM
#9
What's the assumed deposit?

Who the fk is buying at those prices? Fuk those kunts if they're buying with a <10% deposit and using equity. Widespread equity funded purchases with a pathetically low deposits sets up the mother of all crashes when the government can no longer prop up a bubble where pieces of chit are going for over 1m.

If people just bought with large deposits and didn't rely on huge leverage, housing would be more accessible.
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08-02-2024, 05:35 PM
#10
Originally Posted By r32gojirra⏩
Yes it’s hard to know precisely what definition of “Sydney” they’ve taken to use as the basis of calculating a median
Well given that nicer places in the west like Kellyville and The Hills are 2-3 million dollars per home, I'd assume they focused more on the outer suburbs and sprawl towards Campbelltown, Penrith, etc.

Originally Posted By SpeakethTruth⏩
What's the assumed deposit?

Who the fk is buying at those prices? Fuk those kunts if they're buying with a <10% deposit and using equity. Widespread equity funded purchases with a pathetically low deposits sets up the mother of all crashes when the government can no longer prop up a bubble where pieces of chit are going for over 1m.

If people just bought with large deposits and didn't rely on huge leverage, housing would be more accessible.
The thing is that Sydney has a lot of young professionals who do have the money to afford the houses. In Sydney common people are either making 65-70k a year or they're on 150-175k a year.
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08-02-2024, 05:47 PM
#11
Lol, everyone in Sydney is a giant cuck. Have to fly 6 hours to get anywhere decent. They know you're stuck there.
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08-02-2024, 05:52 PM
#12
Originally Posted By OliverHeldens⏩
Lol, everyone in Sydney is a giant cuck. Have to fly 6 hours to get anywhere decent. They know you're stuck there.
Sydney has a very high standard of living brah - apart from the few government housing areas (closest thing we have to ghettos) it's a pretty nice place to live otherwise.
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08-02-2024, 06:00 PM
#13
Fuk Sydney, lmao

brb drop $2m on a 1 bed terrace house that is home to a nest of rats and probably had hookers murdered in it in the past, then spend another $1m+ trying to make it safe and liveable - or take your $3m and go buy four or five basic 3 bed houses put together cheap out in the suburbs where stupid kunts have condemned themselves to the rent cycle and build your property empire
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08-02-2024, 06:01 PM
#14
Spot sold to:
.
..
…
Van for sale.


Million dollar views for the price of a parking ticket.


I have been to Sydney. Prices are crazy if you want a nice place near the beach.
Instead I slept in a van for about 2 weeks. Stay around Cooge beach Bondy Maroubra Manly. I need to do that again.
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08-02-2024, 06:09 PM
#15
I talked to a korean girl who lived in Sydney

she told me she lives by the beach area with all the white ppl

and there are lots of Pavjeets there.

Is this true? pavjeets ruin everything
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08-02-2024, 06:23 PM
#16
Originally Posted By alphaalbertan8⏩
I talked to a korean girl who lived in Sydney

she told me she lives by the beach area with all the white ppl

and there are lots of Pavjeets there.

Is this true? pavjeets ruin everything
There is lots of migrants in Sydney. The city was made with migrants in the past not just recently. Most of them were born in Aus they are normal people. As you go towards the east inland you get more indians asians arabs etc.
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08-02-2024, 06:25 PM
#17
the average detached home in Vancouver is $2.3 million


step your game up Sydney


the average is $1.4 though so very equivalent. Impossible to even consider really
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08-02-2024, 06:28 PM
#18
Originally Posted By hoaxacaust⏩
i "own" my house. have fun turning your keys over to curry nig gers amd gooks

hahhaha
An old refrigerator box under the highway overpass is not technically a “house” even if you consider it your home
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08-02-2024, 06:30 PM
#19
Originally Posted By Zoukero⏩
There is lots of migrants in Sydney. The city was made with migrants in the past not just recently. Most of them were born in Aus they are normal people. As you go towards the east inland you get more indians asians arabs etc.
I c

she told me she hates indians because they smell and are creepy and always lived in the white areas
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08-02-2024, 08:51 PM
#20
Whats the problem? Just work till you're 75, got to keep grinding
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08-02-2024, 09:04 PM
#21
Originally Posted By r32gojirra⏩
It’s over boyos



Lmao


….


“With the Sydney median now at $1.4m and the average lender rate for owner occupiers swelling to 6.27 per cent, new buyers need an annual household income of $278,000 to afford the repayments.”


In actual Sydney proper $1.4 million will barely get you a 100-year old terrace fit for the bulldozer with an outside dunny lol


https://www.news.com.au/finance/real...c5ff96094d1be6
In all honesty, you should be easily able to carry a $280k family income if you're halfway intelligent

A lot of us can do it as a single income
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08-02-2024, 09:11 PM
#22
Is Sydney and Vancouver like the New York or LA of your countries though?

I don't think anyone moves to San Fransisco or Hong Kong with the expectation of cheap housing. There are plenty of other houses in mid-size cities for 1/4 that right?
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08-02-2024, 09:31 PM
#23
Do Aussies vote in a much of libs?

The west is literally being run by the whims of single women voters who have no stake in the future.

I wonder if Muslim cultures are fiscally conservative, they would be a good counter culture in the long run on the clown world social situations. It’s just not going to be white’s, they’ve got no control of their women who dictate society. There is not enough marriage and children. Women just don’t want it anymore.

Drastic problems require drastic solutions
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08-02-2024, 09:52 PM
#24
That's not so bad, what's that like $54k American?
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
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08-02-2024, 10:02 PM
#25
Originally Posted By alphaalbertan8⏩
I talked to a korean girl who lived in Sydney

she told me she lives by the beach area with all the white ppl

and there are lots of Pavjeets there.

Is this true? pavjeets ruin everything
Well there's a place in Sydney called 'little India' - otherwise, there's LOADS of indians in Sydney. Must be 500 000 pajeets here.

Originally Posted By Zoukero⏩
There is lots of migrants in Sydney. The city was made with migrants in the past not just recently. Most of them were born in Aus they are normal people. As you go towards the east inland you get more indians asians arabs etc.
LOL I was actually watching this same youtuber the other day in relation to the new lightrail and metro rail infrastructure being built in Sydney.

Originally Posted By r32gojirra⏩
An old refrigerator box under the highway overpass is not technically a “house” even if you consider it your home
Savage

Originally Posted By Azrairc⏩
Do Aussies vote in a much of libs?

The west is literally being run by the whims of single women voters who have no stake in the future.

I wonder if Muslim cultures are fiscally conservative, they would be a good counter culture in the long run on the clown world social situations. It’s just not going to be white’s, they’ve got no control of their women who dictate society. There is not enough marriage and children. Women just don’t want it anymore.

Drastic problems require drastic solutions
Both of the parties in Australia are liberal. White aussies (north-west europeans) are usually liberal, but only within their white brethren. They're conservative towards people who are not their kind. Aussies are incredibly racist in general in you're ethnic looking, but I personally don't mind them, since I'm good looking and the aussie girls have always liked me.
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08-02-2024, 10:16 PM
#26
Many new arrivals to Canada choose to go the outside dunny route
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08-02-2024, 10:26 PM
#27
Originally Posted By Godfrd824⏩
That's not so bad, what's that like $54k American?
Each of our properties are roughly 4-5 times the value of one of yours, on average

That’s the price of living in the greatest country in the world, Australia
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08-03-2024, 06:38 AM
#28
Originally Posted By r32gojirra⏩
Each of our properties are roughly 4-5 times the value of one of yours, on average

That’s the price of living in the greatest country in the world, Australia
In monopoly money, yes. In actual American dollars, no.
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08-03-2024, 06:47 AM
#29
Originally Posted By Godfrd824⏩
In monopoly money, yes. In actual American dollars, no.
In actual American dollars your houses are basically worthless
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08-03-2024, 06:57 AM
#30
Originally Posted By r32gojirra⏩
In actual American dollars your houses are basically worthless
Why do you say that? No one would rather live in Australia than the USA. People live in Australia because they have no other choice.

And bragging about how expensive your real estate is because the china men have taken over is not a flex. Here one can live a good life on the cheap in a rural area.
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